Press release
Global Horticulture Bioplastic Market is projected to grow at a CAGR of 12.2 Percent during the forecast period, indicating a potential market value of USD 9.43 Bn by 2029.
Horticulture Bioplastic Market
The horticulture bioplastic market is focused on exploring sustainable alternatives to conventional plastic products and has gained substantial success in recent years. As environmental awareness has increased, more individuals and organizations are embracing eco-friendly practices, leading to a growing demand for bioplastics in various sectors, including horticulture. Bioplastics offer a promising solution by reducing reliance on fossil fuels and providing an excellent alternative to hazardous plastic products.
Plastics play a crucial role in horticulture for purposes such as mulching, protective structures, irrigation, and packaging. However, traditional plastics can damage fruits and vegetables and degrade the soil. This creates a significant gap that can be addressed by horticulture bioplastics. Bioplastics, derived from renewable sources such as plant starch, cellulose, and vegetable oils, aid in soil health and crop sustainability while reducing environmental complexities.
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What are Horticulture Bioplastic Market Dynamics:
The growing environmental concern is the key driver for the horticulture bioplastic market. Increasing awareness and consumer demand for eco-friendly alternatives have made it imperative for buyers to choose bioplastics for a sustainable future. Bioplastics offer environmentally friendlier solutions by reducing reliance on fossil fuels, minimizing carbon emissions, and promoting circular economy principles. They can be used as compost after their lifecycle, reducing landfill waste.
Bioplastics also reduce the need for pesticides and fertilizers, improving soil quality and reducing runoff. The efficiency and performance of bioplastics are on par with traditional plastics, offering sustainable attributes that create a positive perception among consumers. Effective marketing campaigns highlighting the benefits of horticulture bioplastics further contribute to increased adoption and market expansion. Advancements in bioplastic technology, including improved material properties, cost-effectiveness, and scalability, have made bioplastics more attractive for commercial adoption in the horticulture industry.
Horticulture Bioplastic Market Regional Insights:
North America is the leading region in the horticulture bioplastic market, driven by biodegradable and compostable films, containers, and packaging demand. The United States and Canada have well-developed infrastructure and a strong horticulture industry, making them key contributors to market growth. Europe, China, India, Brazil, Mexico, and Australia are also experiencing growth in horticulture bioplastics due to environmental concerns and government support for sustainable practices.
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What is Horticulture Bioplastic Market Segmentation:
By Row Material:
Starch-based bioplastics
Polylactic acid
Polyhydroxyalkanoates
Polybutylene adipate terephthalate
By Type:
Bio Based
Petrochemical Based
By Application:
Greenhouse films
Mulch films
Plant pots
Trays
Containers
Irrigation systems
By End-User:
Professional horticulture growers
Nurseries
Landscaping companies
Home gardeners
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Who are Horticulture Bioplastic Market Key Players:
NatureWorks LLC (United States)
2. Danimer Scientific (United States)
3. Yield10 Bioscience, Inc. (United States)
4. Green Dot Bioplastics (United States)
5. Eco-Products, Inc. (United States)
6. Fkur Plastics Corp. (United States)
7. BASF SE (Germany)
8. Novamont S.p.A (Italy)
9. Biome Bioplastics Ltd (United Kingdom)
10. Total Corbion PLA (Netherlands)
11. Arkema S.A. (France)
12. Bio-On S.p.A (Italy)
13. FKuR Kunststoff GmbH (Germany)
14. Biobag International AS (Norway)
15. Plaxica Limited (United Kingdom)
16. Bio-Fed (Germany)
17. API SpA (Italy)
18. Bio4Pack BV (Netherlands)
19. Tianan Biologic Materials Co., Ltd. (China)
20. Kaneka Corporation (Japan)
21. PTT MCC Biochem Company Limited (Thailand)
22. Plantic Technologies Limited (Australia)
23. Mitsubishi Chemical Corporation (Japan)
24. Cardia Bioplastics Limited (Australia)
25. Braskem S.A. (Brazil)
Table of content for the Horticulture Bioplastic Market includes:
Global Horticulture Bioplastic: Research Methodology
Global Horticulture Bioplastic Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Horticulture Bioplastic Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Horticulture Bioplastic Market Segmentation
Global Market, by Row Material (2022-2029)
Global Market, by Type (2022-2029)
Global Market, by Application (2022-2029)
Global Market, by End-User (2022-2029)
Regional Horticulture Bioplastic Market (2022-2029)
Regional Market, by Row Material (2022-2029)
Regional Market, by Type (2022-2029)
Regional Market, by Application (2022-2029)
Regional Market, by End-User (2022-2029)
Regional Market, by Country (2022-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Row Material, Type, Application and End-User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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